Huge Price Reduction - Two Theatres W / Real Estate

www.GlobalBX.com

Listing ID: 700363048

Listing Title: Huge Price Reduction - Two Theatres W / Real Estate

Quick Link: http://www.globalbx.com/listing.asp?bId=363048

Industry: Entertainment and Leisure

Industry Segment: Movie Theaters

Country: United States

State / Province: Missouri

Area

City:

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $2,000,000

Cash Flow: $509,496

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1999

Number of Employees: 10 - 19

Business Description:
HUGE PRICE REDUCTION ON THESE TWO THEATERS WITH REAL ESTATE. 2 GRAND MOVIE THEATERS WITH REAL ESTATE LOCATED IN 2 EAST CENTRAL MISSOURI TOWNS. Covid is over and people are back at the movies. - Sales are growing weekly. Buy both theaters for less than appraised price. 2 Movie Theaters one with 8 screens and the other with 6 screens. Both are in growing small towns in ideal locations. The seller has made an excellent living with these 2 cinemas for over 20 years and is now looking forward to retirement. This is a turn-key operation with an excellent manager and well-trained employees in place. We have this priced with real estate included. The real estate was recently appraised at 5.4 million. A new set up would cost over 8 million dollars before the doors have opened. The owner has enjoyed his time in the cinema business and would like to share his wealth of information by training and mentoring a new owner. Please call Ken Kunkel at 636-346-0293 about this opportunity with ID#1021KK. Sale Price $4,999,999



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